Welspun Corp has reported results for first quarter ended June 30, 2021.
The company has reported 90.14% fall in its net profit at Rs 54.51 crore for the quarter under review as compared to net profit of Rs 553.11 crore for the same quarter in the previous year. Total income of the company decreased by 55% at Rs 753.33 crore for Q1FY22 as compared Rs 1674.29 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 87.84% in its net profit attributed to the owners at Rs 97.47 crore for the quarter under review as compared to net profit of Rs 51.89 crore for the same quarter in the previous year. However, total income of the company decreased by 35.91% at Rs 1336.49 crore for Q1FY22 as compared Rs 2085.42 crore for the corresponding quarter previous year.
